Sphere Projects Ltd
07429652
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/03/2025
group
Next accounts due
31/12/2026
Confirmation statement
Last: 05/11/2025
Due 19/11/2026
Industry
Officers
Former
director · Resigned 28/10/2018
secretary · Resigned 04/02/2022
secretary · Resigned 04/02/2022
director · Resigned 04/02/2022
director · Resigned 04/02/2022
Persons with Significant Control
Sphere Solutions Eot Trustee Limited
Reg: 13870738 · Companies House · Private Company Limited By Guarantee
Notified 04/02/2022
Former PSCs
Mrs Rachel Hughes
Ceased 06/04/2016
Mr James Edward Parsons
Ceased 06/04/2016
Mr James Grant Hughes
Ceased 06/04/2016
Mrs Kelly Parsons
Ceased 06/04/2016
Charges1 outstanding
HSBC BANK PLC
Change History
Active
Private Limited Company
UNIT 1 TY NANT COURT
CARDIFF
CompanyRankvs 1340+ SIC 64209 peers58
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/03/2025
Net Worth
£788
Balance sheet strength
Cash
£49k
Cash in the bank
Net Current Assets
£365k
Working capital
Current Assets
£370k
Current Liabilities
£5k
Fixed Assets
£2
Debtors
£321k
Profit After Tax
£511k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 81.65 |
| 2024 | 910.43 |
| 2023 | 92.55 |
Derived from filed accounts. Not audited figures.